Silver hits record high amid supply woes, trade tensions

HYDERABAD: Breaking out from the shadows of glittering gold, silver hit a record Rs 1,13,000 a kg on MCX late Friday. It came on the back of international prices hit a 13-year high of $37.8/Oz in the spot market and $38.7 in futures, amid rising trade worries after US President Donald Trump returned with reciprocal … Read more

Silver hits all-time high in India: Spot price crosses Rs 1.11 lakh/kg; what’s driving the rally?

Silver prices in India surged to an all-time high on Friday, crossing Rs 1.11 lakh per kilogram in the spot market as investors turned to safe-haven assets amid deepening global trade frictions and expectations of a softer stance from the US Federal Reserve.On the Multi Commodity Exchange (MCX), silver futures moved past Rs 1.10 lakh/kg … Read more

Asian markets mixed; Wall Street hits record high; Hong Kong’s Hang Seng jumps 1.6%

( Representative AI image) Asian markets were mixed on Friday as investors stayed cautious despite Wall Street hitting record highs.Chinese markets led regional gains, with the Hang Seng Index in Hong Kong surging 1.6% to 24,402.41 and the Shanghai Composite rising 1.1% to 3,546.50, supported by fresh signs of economic stimulus and buying in tech … Read more

Bitcoin hits record high of $116,046; surges 24% this year; Ethereum rose 3%

Bitcoin soared to a fresh all-time high of $116,046.44 on Thursday, driven by strong institutional demand and supportive crypto policies under US President Donald Trump’s administration.Earlier in the day, it had already broken its previous record of $113,734.64 before climbing further by 9:27 pm GMT. With this rally, the world’s largest cryptocurrency is now up … Read more

Gold demand: Gold ETF inflows hit 5-month high at Rs 2,081 crore in June; investor rush lifts AUM close to Rs 65,000 crore

Investor appetite for gold-backed mutual funds surged in June, with Gold Exchange Traded Funds (ETFs) attracting net inflows of Rs 2,081 crore, the highest in five months, amid resilient gold prices, market volatility, and geopolitical tensions.According to data from the Association of Mutual Funds in India (Amfi), the June inflows mark a sharp jump from … Read more

Bitcoin hits all-time high; just shy of $112,000; up over 18% since the beginning of 2025

Bitcoin surged to a new all-time high on Wednesday, driven by growing investor appetite and strong institutional demand as more traditional financial firms adopt the cryptocurrency.Bitcoin touched $111,988.90 before settling at $111,259, marking a 0.4% increase. The digital currency has shown remarkable growth, rising over 18% since the beginning of 2025, showing growing acceptance in … Read more

SIPs hit new high in June as D-Street uncertainty eases

MUMBAI: After a few months of flat growth in inflows by retail investors through SIPs in mutual fund schemes, the northward movement is back. In June, gross inflows through SIPs in MFs – an investment segment within the MF industry that is dominated almost entirely by retail investors – touched a new all-time peak at … Read more

Mutual fund SIP inflows touch record high: June investments hit Rs 27,269 crore, up 2% from May; contributing SIP accounts cross 8.64 crore for first time

Monthly investments through systematic investment plans (SIPs) surged to a new peak of Rs 27,269 crore in June 2025, up 2% from Rs 26,688 crore in May, crossing the Rs 27,000 crore mark for the first time, according to fresh data from AMFI.The SIP assets under management (AUM) rose to Rs 15.30 lakh crore in … Read more